St. Louis Business Journal articles from September 2001

St. Louis Business Journal archives from September 2001

County, state make pitch to Magellan Health.
September 7, 2001... Westfall offers incentives to keep firm, up to 2,000 jobs St. Louis County Executive Buzz Westfall made his pitch to keep Magellan Behavioral Health's operations in St. Louis County over a lunch at Portabella Restaurant Sept. 5 with Gregory...

Hotel occupancy, revenue checks in higher for 2001.(Brief Article)
September 7, 2001... People are booking more hotel rooms in St. Louis this year -- and spending more for them -- despite the economic slowdown that has caused hotel revenue to drop in other cities. A new survey out from Smith Travel Research, based in...

Lenders forge fast sale of bankrupt Excaliber.(acquistion of Excalibur Holding Corp. by Leggett and Platt Inc.)(Brief Article)
September 7, 2001... Leggett & Platt Inc. bought most of the business of Excaliber Holding Corp. for just over $18 million on Aug. 31, through an auction in federal bankruptcy court. Leggett & Platt, a Carthage, Mo.-based manufacturing firm, had offered $27...

The world's a stage.(actor John Goodman joints local theater group board of directors)(Brief Article)
September 7, 2001... Actor John Goodman, an Affton native, has joined the board of directors of Theatre 101, the nonprofit group that's funding the Loop Theatre. The group, led by Julie George-Carlson, executive director, and entrepreneur Joe Edwards, is raising...

Third time's a charm.(new executive joints St. Louis Black Repertory Co.)(Brief Article)
September 7, 2001... Maria Bradford has been named managing director of The St. Louis Black Repertory Co. Bradford, formerly a development associate at Grand Center Inc. and director of development for the Jackie Joyner-Kersee Boys & Girls Club, will focus on...

Moving on.(executive leaves Stifel, Nicolaus and Co. Inc)(Brief Article)
September 7, 2001... Chris Pauli is leaving Stifel, Nicolaus & Co. Inc., after two years in the investment banking group. Pauli, the former president of the now-defunct Pauli Johnson Capital & Research Inc., declined to comment on his plans.

Helping hand.(Edward Jones principal Ray Robbins raises money for University of Missouri-Columbia scholarships)(Brief Article)
September 7, 2001... Ray Robbins, the principal responsible for all products and services at Edward Jones, knew he wanted to help, after reading a news report last year about the declining number of minority students at the University of Missouri-Columbia. So...

Transitions.(career and personal life transitions of chief executive officers)(Brief Article)
September 7, 2001... James O'Brien, a former president at Rawlings Sporting Goods, plans to launch a Next Step group in St. Louis. The membership organization, with groups in Denver, Atlanta, Cincinnati and Minneapolis, is designed to help chief executives going...

In the cards.(gift shop reopens at new location)(Brief Article)
September 7, 2001... After an eight-month hiatus, Marcia and Pat Conaghan will reopen their Greeting Gallery, featuring cards, gifts and gift wrap, Sept. 7 in new digs, at 211 North Meramec Ave. in Clayton. The store had been on Ladue Road for 13 years, before it...

Advertising wealth.(rating of media companies based on advertising revenue)(Brief Article)
September 7, 2001... Charter Communications ranks No. 16 and Pulitzer Inc. is No 67 on a list of 100 leading media companies in the Aug. 20 issue of Advertising Age. The trade journal ranked companies by their net revenue in 2000. Charter had $3.3 billion, all from...

Good sports.(St. Charles County Amateur Sports Hall of Fame)(Brief Article)
September 7, 2001... The St. Charles County Amateur Sports Hall of Fame hopes to open its newly constructed home in the T.R. Hughes Ballpark. in O'Fallon, Mo., by the start of the River City Rascals 2002 season. The building, along the right field line, will...

Levinsons build plans for $42 million subdivision.
September 7, 2001... The shaky economy isn't deterring Tom Levinson from starting a $42 million residential development near the intersection of Clarkson and Clayton roads in Wildwood. Levinson and his brother Ed, principals of Levinson Homes, plan to build 72...

CoreExpress still seeks buyer for broadband network.(Brief Article)
September 7, 2001... Two months after cutting 75 percent of its work force, CoreExpress is looking for a buyer for its broadband network while it concentrates on selling subscriptions for its high-speed Internet service. "The strategy behind those layoffs was...

Kupper Parker launches IR business in Chicago.(Investor Relations (IR))(Brief Article)
September 7, 2001... Kupper Parker Communications Inc. has expanded its investor relations business to Chicago. The new location is the second for that specialty and the 14th office for Kupper Parker, a Clayton-based media company that also has advertising,...

Rast, Christanell rejoin Huntleigh to form institutional equity unit.(Huntleigh Securities Corp., John Rast and Jeff Christanell appointments)(Brief Article)
September 7, 2001... John Rast and Jeff Christanell, former Huntleigh Securities Corp. employees who left in 1998 to join Smith Moore & Co., have come back to the fold. As of Sept. 1, Rast will be running the newly formed institutional equity division at...

Former Sabreliner exec piloting Thunder's growth.(Jerry Leath to manage Thunder Aviation growth strategy)(Brief Article)
September 7, 2001... Jerry Leath, the new president and chief operating officer at Thunder Aviation; is poised for take-off. Leath, 60, left his executive post at Sabreliner in August to take a newly created position at Thunder Aviation where he will lead an...

Sabreliner reorganizes management to streamline Midcoast Aviation.(Brief Article)
September 7, 2001... Sabreliner Corp. is streamlining its operations, including shuffling management of its Midcoast Aviation subsidiary. All Midcoast businesses, located at Downtown St. Louis Airport in Cahokia, Lambert-St. Louis International Airport and...

Pyramid has $11 million plan for Elder Shirt Building.(Pyramid Construction Inc. announces renovation project)(Brief Article)(Statistical Data Included)
September 7, 2001... Pyramid Construction Inc. is spending more than $11 million to renovate the Elder Shirt Building into 30 condominium lofts and 17,000 square feet of office and retail space. The Elder Shirt Lofts, 703 N. 13th St., will sell for between...

Radio Group dials up CityPlace for new home.(Bonneville St. Louis Radio Group to lease Koman Group facility)(Brief Article)
September 7, 2001... Bonneville St. Louis Radio Group will move into The Koman Group's CityPlace development when its two-story office and retail building opens next year. The second floor of the 50,653-square-foot CityPlace Retail Center expansion will house...

Medical People.(Brief Article)
September 7, 2001... Dr. Susan Yang, an ophthalmologist, joined Eye Care Associates of St. Louis. SSM Rehab named Charles Smith director of programs for its inpatient sites. The following were appointed to positions at SSM St. Joseph Health Center and SSM...

Former DePaul, BJC execs help hospitals crack codes.(Brief Article)
September 7, 2001... Touchette Regional Hospital in Centreville, III., expects at least $400,000 more in revenue this year, after contracting with G2N Inc., a Des Peres firm that works to improve hospital billing and collections processes. G2N -- which stands...

Stlouis.bcentral.com.(Brief Article)
September 7, 2001... Week in Review Sept 5 Tripos Inc. will build a chemical information management system for German company Schering AG. Financial terms were not disclosed. St. Louis-based Tripos. develops chemical and research software. ...

Inner Circle needs to raise $20 million from investors.(Brief Article)
September 7, 2001... After surviving the dot corn crash, Inner Circle Logistics founders John Clendenin and Art Kimbrough are facing another hurdle -- how to raise $20 million when institutional money is drying up. In November, Inner Circle Logistics will...

Charter has backup plans if Excite's Net service fails.
September 7, 2001... Charter Communications has two other high-speed data services and its own Charter Pipeline, that could replace Excite@Home, if the broadband Internet service company should shutdown. "If @Home goes away in St. Louis, we would transition...

PEOPLE.(Brief Article)
September 7, 2001... Accounting Mary Shannon arid Sally Roger have opened Tax Strategies in Clayton. Stone Carlie & Co. LLC has promoted Lynn DiRaimondo, Karen Goewert and Cheryl Hicks to seniors in tax and business services, Alison Jester to supervisor,...

Survey says.(Brief Article)
September 7, 2001... Opinions Inc. takes poll position for corporations such as Emerson, Earthgrains, General American Business activity: In this day of heavy employee turnover, one way to hang on to key workers is to find out what they like and dislike about...

84,000 muffins and growing spells expansion for Marty's.(Brief Article)
September 7, 2001... Marty's Bakinglnc. will purchase its building on Russell Bouleyard, expand the bakery and restaurant to more than double its size, and open satellite operations within the next year. "We're up to our elbows in dough and busting out of' our...

Sappington International Farmers Market and Edgewood Children's Center.(Brief Article)
September 7, 2001... Sappington International Farmers Market and Edgewood Children's Center have combined to produce the "Wishing Well Cookbook." Proceeds from sales of the cookbook will benefit the residents of Edgewood. Tessa Greenspan, owner of the market,...

Frank Trulaske.(Brief Article)
September 7, 2001... Frank Trulaske, founder and chief executive officer of True Fitness Technology Inc., has received the fifth annual lifetime achievement award from Health and Fitness Business Magazine. Trulaske founded True Fitness in 1981 and now sells his...

Life, like sales, is just a big funny bowl of jelly beans.(sales techniques and strategies)(Brief Article)(Column)
September 7, 2001... This e-mail arrived the other day: "Jeffrey, I follow-up all my 'cold calls'... even the brush-offs... with a small box of jelly beans and my business card attached. They may not remember me, but they never forget the jelly beans. And I...

Preparation key to hitting the interview curve ball.(Brief Article)
September 7, 2001... In baseball, the toughest pitch for a batter-to hit is any ball that breaks as it comes over the plate -- a curve ball, slider, "slurve" or cutter. Players who can line a curve ball into the gap or hit it out of the park consistently have long...

Test your communication by asking some questions.(Brief Article)
September 7, 2001... We have been discussing many phases in the study of semantics. Some of these discussions have gone into great detail about a few of the principles of semantics, or how people can learn to evaluate their own words and how they can learn to...

LARGEST WORKERS' [1] COMPENSATION INSURANCE GROUPS.(list)
September 7, 2001... LARGEST WORKERS' COMPENSATION INSURANCE GROUPS (RANKED BY 2000 MISSOURI MARKET SHARE) Company address 2000 Missouri Premiums written in phone/fax, Web site market share [1] Missouri in 2000 1 Missouri...

LARGEST COMMERCIAL LENDERS.(list)
September 7, 2001... LARGEST COMMERCIAL LENDERS (RANKED BY DOLLAR AMOUNT OF LOCAL COMMERCIAL LOANS OUTSTANDING AS OF JUNE 30, 2001) Company address (rank last year) phone/fax Web site 1...

MODEL EVENT.
September 7, 2001... World Golf Championship expected to bring more than $35 million to area The outcome of the Sept. 11-16 American Express World Golf Championship at Bellerive Country Club still may be up in the air, but the prestigious tournament already...

Bellerive staff balloons to 55 as championship looms.
September 7, 2001... Tony Mancuso has spent the last months patrolling the Bellerive Country Club golf course, usually with his Nextel phone at his side and a two-way radio lodged in cupholder on a golf cart. "I'm getting questions about cutting, sodding and...

Planning for championship started over a year ago.
September 7, 2001... How many volunteers does it take to staff a golf tournament? One of four annual World Golf Championship events, the St. Louis American Express Championship tournament at the Bellerive Country Club is the result of months of work by a...

First Tee partners with Tee Masters, forms local chapter.(golf sports programs for children)
September 7, 2001... Will make golf accessible to children in Missouri, Illinois The First Tee, an urban golf program that makes golf accessible to underprivileged children, is forming a St. Louis chapter. The national organization plans to partner with...

Golf course design work becomes harder to find.
September 7, 2001... Gary Kern moved to St. Louis in 1983 because there was what he describes as a "crying need for public golf courses." But with dozens of golf courses built in the St. Louis region in recent years, Kern and other golf course architects are...

Men fill waiting lists for MC Lady brand golf balls.(Titleist Pro Vi, Precept MC Lady)
September 7, 2001... Soaring demand for two brands of golf balls has created waiting lists a local golf shops. If you're a golfer, it's probably no surprise that the Titleist Pro Vi and Precept MC Lady are flying off golf store shelves as golfers fall in love...

Executive exams.
September 7, 2001... School's started, the kids are settled and it's time to start thinking about yourself. Getting a "tune-up" so to speak. Before you do the preventive stuff like checking out a new spa, take a' moment to investigate the Mayo Clinics' Executive...

Stock Transactions.(Brief Article)(Statistical Data Included)
September 7, 2001... The following purchases or sales of stock in St. Louis-based companies or in companies with St. Louis-based subsidiaries or divisions have been reported to the U.S. Securities and Exchange Commission by officers, directors and owners of more...

On board.(Hope Educational and Research Center)(Brief Article)
September 7, 2001... Money and management at nonprofit organizations Hope Educational & Research Center Jaime Dodd Director Hope Educational & Research Center, founded in 1972, operates five Montessori schools and several daycare centers and...

Proxy corner.(TALX Corp.)(Brief Article)(Statistical Data Included)
September 7, 2001... Money and management at companies with publicly traded stack TALX CORP. William Canfield President, chief executive and chairman TALX Corp. is an application service provider for human resources, benefits and payroll employee...

St. Louis Stocks.(Illustration)(Statistical Data Included)
September 7, 2001... St. Louis Stocks Close Close Company Symbol Exchange 8/29/01 9/5/01 A.G. Edwards AGE N $40.99 $40.70 Allegiant Bancorp ...

Solutia Inc.(financial analysis)(Brief Article)
September 7, 2001... Aug. 28, $13.90 Merrill Lynch Accumulate. Solutia continues to shift' its portfolio away from commodity chemicals and individual market products toward products that enhance the performance of consumer products. Capital is being...

Panera Bread Co.(financial analysis)(Brief Article)
September 7, 2001... Aug. 22, $40 Dain Rauscher Wessels Buy-Aggressive. We are highlighting Panera Bread as a best idea for the remainder of 20011 The company remains among the strongest players in the emerging quick casual segment. The concept has been...

Dreaming of a Green Christmas.(retail industry in St. Louis, Missouri)(Statistical Data Included)
September 7, 2001... Strong summer sales has Glik's, Laurie s optimistic about holiday season St. Louisans must have been awfully nice this year, because it looks like Santa is coming to town. While the area's retail companies that do business nationally...

Enterprise Trust has 214% income jump, best in nation.(Brief Article)(Statistical Data Included)
September 7, 2001... Enterprise Trust had the largest percentage increase in income among U.S.-based trust companies in 2000, according to information compiled by Trust Performance Report, a national trade publication. Enterprise Trust had $433,000 in gross...

Economic dream or bureaucratic nightmare.(airport expansion)(Brief Article)
September 7, 2001... All the king's horses and all the king's men couldn't put Humpty together again The future of north St. Louis Country will be determined by three major decisions: airport expansion; who gets the contract on the joint strike fighter; and...

Celestial fire.(management techniques)(Brief Article)
September 7, 2001... Good manners certainly do make a difference... It has even become quite noticeable when one possesses them. For perhaps, the hustle and bustle and time pressures of today have pushed most manners to the back burner. Civility is, somewhat,...

Foreign markets vital to small business growth.
September 7, 2001... There's nothing small about the U.S. business sector's reliance on international trade. New business start-ups, and the growth of existing firms occur when new markets offer entrepreneurs a wider customer base. Yet many small business owners...

For what it's worth.(real estate transactions in the St. Louis area)(Brief Article)(Illustration)
September 7, 2001... Highlighting same of the mast recent commercial real estate transactions in the St. Louis area. LOCATION: 9501 Aero Space Drive, Woodson Terrace. DATE SOLD: May 9, 2001 NEW OWNER: SJW Investments LLC AGENT: Not available ...

Correction.
September 7, 2001... Dennis Reagan, general manager and chief executive of The Muny, received $226,585 in total compensation in fiscal year 2000. The amount was incorrect in the On Board feature in the Aug. 31 issue. The Muny

DEFENSE IS BACK IN BUSINESS.(after terrorist attacks)(Statistical Data Included)
September 14, 2001... Analysts expect an increase in military spending Boeing, Engineered Support likely to see orders grow for fighter jets, ground support equipment In the wake of the attack on the World Trade Center and Pentagon, Boeing Co., Engineered...

Body suit.(eight franchisess sue Body Shop)(Brief Article)
September 14, 2001... Don and Jean Rakey, the father and daughter co-owners of Body Shop franchises at St. Louis Galleria and Westfield Shopping-town Crestwood, are among eight Body Shop franchisees suing the company. The lawsuit, filed in federal court in North...

What's cooking?(Empire Steak Building opens new restaurant)(Brief Article)
September 14, 2001... The Empire Steak Building has opened at 8600 Olive Blvd: The kosher restaurant is the latest effort from partners Jon and David Rubin, Gershon Schwadron and Shelly Byers, formerly of Sol's Kosher Meat Market and Deli. Jon Rubin said the...

Back in business.(Korn/Ferry International opens St. Louis office)(Brief Article)
September 14, 2001... Sue Cejka has opened a St. Louis office for Korn/Ferry International, one of the world's largest executive recruiting companies. Cejka founded the Cejka & Co. health-care consulting and search firm in 1981, then sold it to Boston-based...

Hitting the books.(law school enrollment up at Washington University and Saint Louis University)(Brief Article)(Statistical Data Included)
September 14, 2001... Law schools at Washington University and Saint Louis University are among those nationwide seeing a skyrocketing number of applicants. Washington University School of Law received 2,442 applications, an increase of 592 over last year. At Saint...

Goodies.(Truffes Inc. to offer takeout meals)(Brief Article)
September 14, 2001... Helen Fletcher, long-time owner of the Truffes Inc. wholesale bakery at 622 N. Skinker, has expanded her operations. Fletcher opened Truffes, a retail bakery at Pershing and Jackson avenues in University City. In addition to baked goods, she's...

Sweet tooth.(Bissinger French Confections technology update improves finances)(Brief Article)(Statistical Data Included)
September 14, 2001... Ken Kellerhals spent $ l23,000 to bring Bissinger French Confections into the 21st century, but it paid off big, according to the September issue of Inc. The magazine said Kellerhals, chief executive and co-owner of Bissinger, contracted with...

Campaign war chest.
September 14, 2001... Sen. Barbara Boxer, D-Calif., will be ,the headliner at an Oct. 29 fundraiser in St. Louis for Sen. Jean Carnahan, D-Mo. While details of the event are still sketchy, organizers are recruiting a steering committee, whose members will be asked...

Watching your money.
September 14, 2001... The spotlight's on Christopher Jacob, a principal at Asset Solutions Group Inc. Jacob is featured on the cover of the August issue of Senior Market Advisor, a national magazine for insurance and financial advisors. An article in the magazine...

Thunder, Aero expect charter flights to increase.(Thunder Aviation and Aero Charter expect business to grow after terrorist attacks)(Brief Article)
September 14, 2001... Delays caused by tightened security at commercial airports may drive more executives to consider charter flights, Calvin Kolkmeier said. Kolkmeier is director of marketing for Thunder Aviation, a flight training and aircraft rental company...

Bizjournals.com being redesigned to allow personalization.(for American City Business Journals)(Brief Article)
September 14, 2001... On Sept. 1.7, bizjounals.com, American City Business Journal's Web site, is launching a major upgrade of its site. It. will involve a complete revamping and expansion of the Industry Journals and, for the first time, giving, visitors an...

Solutia, Enterprise react by reaching out, looking in.
September 14, 2001... Solutia Inc. banned air travel for its workers for three days following the terrorist attacks on the World Trade Center and the Pentagon. Enterprise Rent-A-Car discouraged employee travel and canceled meetings that would require travel to...

Maritz: Events will change the future of airline travel.(terrorist attacks change business for Maritz Travel Co.)(Brief Article)
September 14, 2001... The Maritz Travel Co. had thousands of clients and employees en route to various destinations Tuesday when all U.S. travel came to a sudden standstill after the terrorist attacks in. New York City and Washington, D.C., and the subsequent halt...

stlouis.bcentral.com.(World Trade disaster impact on the city of St Louis)
September 14, 2001... St. Louis responds to tragedy Sept. 12 The American Express World Golf Championship, which had an estimated economic impact on the St. Louis area of between $35 and $38 million, has been cancelled. The Championship had been scheduled...

Sunrise told to get a license if it wants to continue.
September 14, 2001... State regulators have told officials at Sunrise Assisted Living of Chesterfield that the facility has to obtain a license as a long-term care center by Feb. 6 if it is to stay in business. The ruling followed an extensive review of the...

Express Medical looks for lift from A Trans purchase.(Brief Article)(Statistical Data Included)
September 14, 2001... Express Medical Transporters Inc. has acquired A Trans, a van and paralift transportation service, from Abbott Ambulance. Neither company would disclose the purchase price, but a source familiar with A Trans said EMT paid about $500,000 for...

Medical People.(employee changes, various companies)(Brief Article)
September 14, 2001... Michael Cardenas was appointed senior director for legal and risk management at St. Anthony's Medical Center. Mary Ann Knight was appointed vice president of operations and chief nurse executive at Missouri Baptist Medical Center. ...

Telcobuy.com lays off 25; top execs take pay cuts.(Brief Article)
September 14, 2001... Telcobuy.com founders David Steward and Jim Kavanaugh cut their salaries by 40 percent and laid off 25 employees last week in response to the downturn in the telecommunications market. They also cut the salaries of the executive management...

Loft developer envisions condos, retail at Louderman.(Brief Article)
September 14, 2001... Craig Heller, developer of the successful 10th Street Loft condominiums, is converting the 12-story Louderman building at 11th and Locust streets to loft condominiums, office and retail space. The $13 million project, financed by Firstar,...

PEOPLE.(employee changes, various companies)
September 14, 2001... Accounting Berger, Schraier has promoted Ellen Norrenberns and Valerie Gray to supervisors. Architecture/engineering Joe Williamson, of Thouvenot, Wade & Moerchen Inc., has passed the State of Missouri professional, land surveyor...

Permanent market, temporary walls.(Williams Scotsman)(Brief Article)
September 14, 2001... Larry Nelson builds Williams Scotsman unit to $7 million in revenue Business activity: They're at construction sites, medical office buildings, schools and retail locations, but most people give little thought as to where they come from....

As a salesperson, how do you find the hot button?(sales techniques)(Brief Article)
September 14, 2001... All sales training includes this line: If you want to make the sale, be sure push the customer's hot button. Great -- where's that? It's within plain sight It's within asking distance. It's within listening distance. All you have to do...

North County gives small firms tax credits.(Brief Article)
September 14, 2001... North County Inc. will receive tax credits allowing the organization to raise $500,000 to fund small business improvements and help create and retain jobs in north St. Louis County. The grant is through the Missouri Department of Economic...

Joyce Delvecchio.
September 14, 2001... A "Coach's Camp" for business leaders will be held at St. Charles Community College Tuesday, Oct. 23 and Wednesday, Oct. 24. Led by Joyce Delvecchio of The Toltec Group, the two-day workshop will cover how effective coaching techniques can...

O'Brien Corp.(acquires Precision Clean Piping Inc. from McJunkin Corp.)(Brief Article)
September 14, 2001... O'Brien Corp., a manufacturer of pre-insulated tubing bundles, freeze protection products for process instrumentation, and high purity piping components, has purchased McJunkin Corp.'s Precision Clean Piping Inc. O'Brien, 1900 Crystal...

World Trade Center Saint Louis.(partnership with UPS Logistics Group)(Brief Article)
September 14, 2001... The World Trade Center Saint Louis has formed a partnership with UPS to offer World Trade Center clients logistical assistance. The UPS Logistics Group, the fastest growing unit within UPS, offers companies supply chain management,...

Better Business Bureau.(Web site)(Brief Article)
September 14, 2001... The Better Business Bureau has established a Web site intended to help educate consumers and businesses. The site, www.stlouis.bbb.org contains general information tips, company reports and an online complaint service. The BBB also is...

Missouri Department of Insurance.(starts Internet service)(Brief Article)
September 14, 2001... The Missouri Department of Insurance has opened an Internet service that allows business owners to check basic workers' compensation rates available statewide for any type of employee. The insurance department also announced it will operate...

Refurbished equipment makes sense in tough times.(Brief Article)
September 14, 2001... Better to do with than without, I always say. But that can be tough advice to follow when your company's revenue is not growing at the same clip that you're used to and once promptly paying customers start dragging their feet on payments....

Self-acceptance is the key to career fulfillment.(Brief Article)
September 14, 2001... What does unconditional self-acceptance have to do with career satisfaction? Everything. Until you totally accept who you are and what you want out of life, it's pretty hard to find a career that is fulfilling. When Grace came to see me,...